Latest current affairs · 23–24 Sep
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Latest current affairs23–24 Sep
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Retail and Food Inflation

1 min read
RBI ESINABARD ESISEBI
  • Retail inflation, or consumer price inflation (CPI), is a measure of the change in consumer prices over time.
  • Food inflation, a measure of retail inflation, defines changes in prices of foods.
  • The CPI basket consists of food and beverages, fuel and light, housing and clothing, and bedding and footwear.
  • The food items of the CPI include vegetables, oils & fats, fruits, pulses, and meat and fish.
  • Inflation can disrupt the cash flow, increase the excess inventory, and even lower revenues for retailers.
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